Lagoon Creek Project EL 23573 Annual Report for period ending 22 December 2014

Abstract

In 2014, LCR completed its geological targeting review, incorporating the acquired VTEM data. Following on from the previous years' targeting, this review identified 11 areas to concentrate exploration. The recent targeting, incorporating the previous geological targets and the new VTEM survey data, has identified new exploration targets. Whilst some of these targets require initial ground reconnaissance, the targets have the potential to yield significant uranium mineralisation.